The seems more tolerable.  

It’s up to your risk tolerance, what assets you are trying to protect, and what you want to afford.

Just had a deal with Vinebrookhomes; they are not too picky with where they buy. 20,000 SF homes under management, relativley low rents, I can only guess their turnover and eviction ratios - but save to assume higher than what I would tolerate.

That being said, I am certainly more conscience of finances, and will adjust my risk tolerance accordingly.

High probability of a positive outcome and tolerable consequences of a negative outcome. 

I've bought in several zip codes since 2015 and my tolerance for risk has changed over time.  

You also should determine what your personal tolerance is for any particular market. 

If those numbers look promising with your specific risk tolerance, than you potentially have a good deal.

As far as the price point is concerned it all depends on how deep your pockets are and what your risk tolerance is.

Risk tolerance, age, strength of current occupation, potential pension, funds available, reserves, meeting of the minds with any significant other, big expenses in future(college maybe for kids), retirement needs, etc.